Deep search
Search
Copilot
Images
Videos
Maps
News
Shopping
More
Flights
Travel
Hotels
Real Estate
Notebook
Top stories
Sports
U.S.
Local
World
Science
Technology
Entertainment
Business
More
Politics
Any time
Past hour
Past 24 hours
Past 7 days
Past 30 days
Best match
Most recent
Walgreens CEO says anti-shoplifting strategy backfired
Walgreens says locking up products from shoplifters hurt sales
Keeping products under lock and key dissuaded customers from purchasing them, Walgreens said in earnings call.
Walgreens CEO describes drawback of anti-shoplifting strategy: ‘When you lock things up…you don’t sell as many of them’
Walgreens' CEO talked about the flip side of investing in increased security on a recent earnings call.
Walgreens Says Its Strategy to Prevent Shoplifting Has Backfired
Walgreens has come to find out that both shoplifters and customers are turned off when items are locked away. In an earnings call on Tuesday, the drug store’s CEO Tim Wentworth blamed declining sales on locked up items: “When you lock things up
As Walgreens closes more Bay Area stores, CEO says ‘locking things up’ hurts sales
Walgreens is moving forward with plans to close additional Bay Area locations after the company’s CEO expressed concerns over lost sales from locking up items like deodorant and shampoo to combat widespread shoplifting affecting pharmacy chains nationwide.
Walgreens CEO says anti-shoplifting strategy backfired: ‘When you lock things up…you don’t sell as many of them’
Walgreens' CEO talked about the flip side of investing in increased security on a recent earnings call.
2h
on MSN
Neighbors say closure of Walgreens in Chicago's Bronzeville neighborhood will disrupt many lives
Walgreens has revealed its five Chicago drugstores that will close next month—and one of those pending closures will be a ...
Vibe on MSN
11h
Walgreens CEO Admits Locking Items Up Was Bad For Business, Consumers React
Walgreens struggled financially last year, reporting an operating loss of $245 million for the quarter, compared to $39 ...
15h
on MSN
Walgreens says it turns out locking up stuff is bad for business
Walgreens has finally figured out what most people already knew: When you lock up all the products, people will buy fewer ...
6h
Walgreens CEO reveals anti-theft measures of locking up products had the opposite effect
CEO Tim Wentworth admitted in a recent fiscal report call that combatting shoplifting by locking up items has led to customer dissatisfaction.
2h
Neighbors decry pending closure of Walgreens in Chicago's Bronzeville neighborhood
The store in the Lake Meadows Shopping Plaza on Dr. Martin Luther King Jr. Drive off 35th Street is one of five Walgreens ...
4h
on MSN
On Your Side: Walgreens Savings Club settlement is legit
A few viewers got a notice about the settlement and asked On Your Side if this is legitimate. The notice reads: “This is a ...
3d
Walgreens Pharmacy Strength And CEO Comments Toss Cold Water On Private Equity Deal
Walgreens improving pharmacy business and comments from the company’s CEO are convincing Wall Street that the drugstore won't ...
19h
on MSN
Why is Walgreens closing so many stores? What to know as 5 Chicago locations shutter
The Deerfield-based pharmacy giant plans to close as many as 1,200 in the coming years, with 5 Chicago stores on the latest ...
17h
5 Chicago Walgreens stores to close next month
Five Walgreens stores will shutter their doors in Chicago next month, as part of a nationwide series of closures announced by ...
14h
on MSN
Bets against consumer staples rise in December: Walgreens, Campbell among most shorted
The short-interest on 27 out of 38 consumer staple stocks, that are part of the Consumer Staples Select Sector SPDR Fund ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Related topics
Fortune Media IP
Tim Wentworth
Feedback